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(ShardaMotor) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (ShardaMotor) share price targets

Complete technical analysis of Sharda Motor (ShardaMotor) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (ShardaMotor)

Showing technical analysis as on 2024-09-11 View latest technical analysis

10 day averaged volume of Sharda Motor is 5054

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	2585.20	2563.55	2647.00	2563.55	0.263 times
10 Tue Sep 2024	2623.25	2630.00	2685.00	2605.75	0.637 times
09 Mon Sep 2024	2627.75	2612.00	2642.55	2522.45	0.945 times
06 Fri Sep 2024	2611.60	2659.40	2716.75	2604.05	0.52 times
05 Thu Sep 2024	2651.50	2709.85	2709.85	2646.50	0.5 times
04 Wed Sep 2024	2656.90	2571.40	2696.35	2571.40	0.215 times
03 Tue Sep 2024	2594.10	2624.45	2628.00	2555.00	0.771 times
02 Mon Sep 2024	2618.70	2694.85	2708.00	2600.45	1.065 times
30 Fri Aug 2024	2708.60	2754.00	2800.00	2681.00	1.408 times
29 Thu Aug 2024	2753.15	2790.05	2805.00	2667.50	1.482 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2595, but if it comes above 2595, then a intra day buy could be more profitable.
If you take a sell trade below 2595, then use 2595 as stoploss and 2522.2 as target. However if you take a buy trade in stock , then use 2595 as stoploss and 2655.71 as target.

Share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Target	1422.00
Downside Target	1644.95
Downside Target	2146.10
Downside Target	2220.50
Downside Target	2500.05
Upside Target	2633.80
Upside Target	2716.75
Upside Target	2755.90
Upside Target	2788.00
Upside Target	2863.15
Upside Target	2955.90

Intraday share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Intraday Target	2510.1
Downside Intraday Target	2435
Upside Intraday Target	2672.65
Upside Intraday Target	2760.1
Upside Intraday Target	2597.55

Weekly technical analysis of Sharda Motor (ShardaMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	2585.20	2612.00	2685.00	2522.45	0.601 times
06 Fri Sep 2024	2611.60	2694.85	2716.75	2555.00	0.441 times
30 Fri Aug 2024	2708.60	2774.40	2863.15	2633.80	0.819 times
23 Fri Aug 2024	2712.15	2630.90	2788.00	2572.55	1.004 times
16 Fri Aug 2024	2629.60	2500.05	2755.90	2500.05	1.123 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sharda Motor (ShardaMotor)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	2585.20	2694.85	2716.75	2522.45	0.15 times
30 Fri Aug 2024	2708.60	2517.20	2863.15	2220.50	0.549 times
31 Wed Jul 2024	2444.50	2180.35	2955.90	2146.10	1.46 times
28 Fri Jun 2024	2210.15	1607.00	2227.00	1422.00	2.019 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sharda Motor (ShardaMotor)

Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sharda Motor stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sharda Motor in short term but the sell signal is initial and weak.

Sharda Motor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sharda Motor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2661.03 and Sharda Motor (ShardaMotor) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sharda Motor (ShardaMotor) stock. Volume based technical analysis of Sharda Motor (ShardaMotor) stock is negative.

Sharda Motor Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.